Equities and investment funds, the largest asset class of total personal wealth at 64 per cent in 2021, are expected to grow the fastest in 2026 with a CAGR of 8.8 per cent
Growth was driven by a strong performance across DP World’s Asia Pacific, Americas and Australia terminals
The transaction ramps up Aldar’s expansion and growth strategy in Ras Al Khaimah following the acquisition of Al Hamra Mall and Rixos Bab Al Bahr earlier this year
The contracts are valued at $1.3bn for Integrated Drilling Services and $700m for the provision of four island drilling units
Modern application architectures offer huge benefits for organisations in terms of improved speed to innovation, greater flexibility and improved reliability
The Middle East has seen an influx of fintech startups, new funding and increased support for existing and new ventures
The company said operating profits decreased by 5 per cent from BD49.3m in H1 2021 to BD46.8m in H1 2022 due to increases in operating expenses
The telecom company’s total revenue reached KD153.8m in the first half of 2022, with a growth rate of 10.3 per cent compared to KD139.4m in 2021
Global economic expansion will likely slow to 3.2 per cent this year, less than the 3.6 per cent forecast by the fund in April
The largest token dropped as much as 5.4 per cent on Tuesday in Asia and was trading at $21,073
Abu Dhabi Fund for Development’s total allocation of funds for development projects across the world amount to Dhs117.42bn
Etihad Credit Insurance will offer its range of flexible trade credit insurance and financial solutions, including its Sharia-compliant insurance product to startups and SMEs operating in the free zones
The higher committee will help shape the future of AI by investing in the metaverse and establishing partnerships to boost Dubai’s digital economy
As per the MoU, Daman will provide free and full healthcare coverage to victims of human trafficking and domestic violence, under the care of Ewaa
In an exclusive interview, Sianna Wu, SVP and managing director of MEA at PayerMax sheds light on how the company is helping global digital enterprises grow and scale outside of their geographical presence
Commscope deploys its integrated CBRS network solution with Microsoft Azure private MEC to create agile factories and transform workforce efficiency
The Abu Dhabi Government will spend more than Dhs6.6bn to implement the new pension rate
The acquisition strengthens ADNOC L&S’ position as region’s largest shipping and integrated logistics company, growing its total fleet to more than 300 vessels
The NFT, which is being minted on Polygon, is scheduled for a September launch and limited to just 208 pieces
The tripartite agreement aims to establish a hospitality investment fund, with a capital of SAR1.5bn, to support the growth of the hospitality and tourism sectors in Saudi Arabia
El Kordy joins from IBM Middle East and Africa where he held several sales and leadership positions across systems and big data and analytics
VC-backed Clara is digitising and automating startup legals, empowering founders to take control of their legal function and significantly reduce legal fees
The design showcases how urban communities in the future will run on 100 per cent renewable energy, free from roads, cars and emissions
The collection features 150 free digital assets that symbolise the force’s innovation, security and communication values
The subsidiary will focus on delivering effective and efficient freight services for cargo interests internationally, focused on the Middle East market
Al Neyadi will conduct many in-depth and advanced scientific experiments during the six-month space mission scheduled to launch in 2023
West Texas Intermediate futures edged lower toward $96 a barrel after rising 2.1 per cent on Monday
The partnership aims to establish large joint industrial projects, create job opportunities and contribute to increasing economic output between the partner countries
Sharjah Airport saw more than six million passengers travel through the airport in the first half of the year
Travel reimbursements have also seen steady month on month increase with peaks in May and June this year